ballon

Real Estate Private Debt Expert since 2017

O2 Capital AM is an independent and entrepreneurial asset management company regulated by the AMF since July 2024 under license number GP-20240011, specializing in real estate private debt. We operate across Europe on transactions ranging from €5 million to €30 million, utilizing various legal structures (bonds or preferred equity).

Real Estate Private Debt

O2 Capital AM is an asset management company authorized by the Autorité des Marchés Financiers (AMF), specializing in real estate private debt investment.

We provide short-term financing solutions tailored to the needs of real estate borrowers. Our strategy aims to offer investors high-yield investment opportunities, while maintaining a rigorous risk management approach.

We structure senior or mezzanine debt financings (bridge loans) to support real estate projects over limited timeframes. Each transaction undergoes an in-depth analysis, ensuring that the financing structure is customized to the specific characteristics of the borrower and the underlying asset.

Our strengths:

  • Tailor-made financing structures based on borrowers’ needs.
  • Fast execution with an optimized decision-making process (< 8 weeks).
  • Prudent and selective approach to mitigate credit risk.
  • Exclusive access for institutional and professional investors, through dedicated funds or club deals.

We work closely with Wealth Management Advisors (CGP), Family Offices, Private Banks, Asset Management Companies, and Institutional Investors seeking diversification opportunities through discretionary funds or specialized investment vehicles.

Contact us

Disclaimers
• Investing in real estate private debt carries a risk of capital loss.
• The financing provided is subject to real estate-related risks, including borrower solvency, asset valuation, and market fluctuations.
• The illiquidity of private debt instruments may limit early withdrawal options.
No Guarantee of Returns
• Past performance is not a reliable indicator of future performance.
• No returns are guaranteed, and investors should consider the possibility of lower yields depending on market conditions.

Real estate private debt targets an annual net return of 10% to 12%, while benefiting from structuring mechanisms that offer partial protection against credit risk.

Since 2022, private financing yields have significantly increased due to shifts in the real estate market, characterized by a downward revaluation of assets. This trend is driven by:

  • The European Central Bank (ECB) raising key interest rates, impacting the cost of real estate financing.
    • A decrease in bank liquidity, limiting access to traditional financing for real estate operators.
    • A growing demand for alternative financing, addressing the new needs of the real estate sector.

In this context, O2 Capital AM offers a French-regulated investment fund dedicated to real estate private debt. This specialized investment vehicle focuses on short-term (“bridge”) financing, both senior and junior, designed for Family Offices, Private Banks, Wealth Management Advisors (CGP), Asset Management Companies, and Institutional Investors.

This fund aims to finance real estate projects primarily located in France, Portugal, Belgium, Luxembourg, and Spain, with investment tickets ranging from €5 million to €30 million.

CONTACT US

This fund is reserved for professional or equivalent investors.

Fund key terms

ISIN

FR001400TLS8

Jurisdiction

France

Type

Opened funds

Strategy

Real estate private debt

Real Estate types

Diversified (residential, office, logistic, others); Exception : industrial plants

Investment types

Senior secured and junior loans

Geography

Primarily France, Portugal, Belgium, Luxembourg, Spain

Net IRR target

10%-12% (bot guaranteed)

Disclaimers
• This fund is intended for sophisticated investors who understand the risks inherent to private real estate debt.
• Investing in private debt may result in a partial or total loss of capital in the event of borrower defaults or unfavorable real estate market conditions.
No Guarantee
• Past performance is not indicative of future results.
• No return or capital protection is guaranteed.
Compliance and Regulation
• Fund managed by O2 Capital AM, an asset management company authorized by the French Financial Markets Authority (AMF) under license number GP-20240011.
• This does not constitute an offer to subscribe, investment advice, or a solicitation to purchase.
• Investors should review the fund’s legal documentation (prospectus, KIID, fund rules) before making any investment decision.

Integrity

Highest Ethical Standards

The interests of our clients drive every investment and management decision we make, ensuring complete transparency.

Respect in Our Relationships

Integrity is the cornerstone of our relationships with all stakeholders (borrowers, investors, partners, and employees). We foster relationships built on trust and respect.

Commitment

Alignment of Interests

Our own capital is invested alongside that of our investors, creating a strong alignment of interests.

Determination

Our teams demonstrate unwavering determination to deliver the expected performance.

Performance

Focus on « risk reward »

Every investment decision is guided by a selective and rigorous investment process aimed at achieving the optimal risk-reward ratio.

Complementary Skills

Our team consists of professionals with diverse backgrounds and complementary skills in asset management, corporate finance, legal matters, and real estate, all driven by an entrepreneurial spirit.

Our team consists of professionals from both the debt and real estate sectors, bringing together complementary experiences and a shared vision. This synergy enables us to create tailored products that cater to the needs of our investors and borrowers.

Sporting partnership

O2 Capital AM partners with Victor Muffat-Jeandet

Victor Muffat-Jeandet

We are thrilled to announce our partnership with Victor Muffat-Jeandet, a standout French alpine skier.

Born in Aix-les-Bains and competing for the Club des Sports de Val d’Isère, Victor has made his mark as a top athlete in alpine skiing. His impressive career includes a bronze medal in the alpine combined event at the 2018 PyeongChang Olympics. His determination, resilience in overcoming two years of injuries, relentless drive for excellence, and competitive mindset perfectly reflect our core values.

Through this partnership, we celebrate performance, commitment, and ambition—on the slopes as well as in our business. We are proud to support Victor in his upcoming competitions and to share his inspiring energy with our partners and clients.

Stay tuned for updates! Follow Victor on his social media channels :

  

O2 Capital AM becomes an ASPIM member

O2 Capital Asset Management is proud to announce its membership in ASPIM, reinforcing our commitment to responsible and forward-thinking real estate debt management.

As part of ASPIM, we join a key industry network dedicated to shaping and promoting unlisted real estate investment vehicles. This membership allows us to engage with leading experts, contribute to market discussions, and play an active role in the evolution of the real estate investment landscape.

We believe that collaboration is essential to driving progress and delivering trusted, high-performance solutions to our partners.

ASPIM

O2 Capital AM joins the Khiplace community

In 2025, O2 Capital AM is proud to become a member of Khiplace, a dynamic hub where leading investment and real estate professionals connect, collaborate, and share insights.

This partnership reflects our commitment to collective intelligence and innovation. By joining Khiplace, we gain access to a network of experts, fresh perspectives, and new opportunities to drive our industry forward in an engaging and forward-thinking environment.

At O2 Capital AM, we believe that success is built together-through strong partnerships and trusted professional networks.

Khiplace

O2 Capital AM joins HubFinance

O2 Captital AM joins HubFinance, an international network of financial industry experts and decision-makers.

This partnership strengthens our commitment to engaging with a community of institutional investors and asset management professionals across Europe and beyond.

Hubfinance